Section 430 (2B) Companies Act Statement

Release

September 1 2017 

SECTION 430 (2B) COMPANIES ACT STATEMENT - ADRIAN RINGROSE

Following the announcement on 14 November 2016, Adrian Ringrose stepped down as Chief Executive and as a director of Interserve Plc at the close of business on 31 August 2017.

Payments and benefits

Pursuant to the arrangements set-out on pages 70 and 71 of the 2016 Annual Report (Directors' remuneration report) Adrian has been paid £325,593 in respect of basic salary for the period 1 September 2017 until 7 March 2018 and accrued but unused holiday entitlement.

Share awards

Awards granted under the 2006 and 2015 Performance Share Plans will, after application of the performance conditions, be increased to equal the number of shares to which he would have been entitled had the pro-rating been applied from 7 March 2018 (end of the notice period) rather than 31 August 2017 (cessation of employment).

Ends

For further information please contact:

Rhys Jones, Group Head of PR +44 (0) 7909 605336

Richard Campbell/Michael Kinirons +44 (0) 203 219 8816

CNC Communications

About Interserve

Interserve is one of the world's foremost support services and construction companies. Our vision is to redefine the future for people and places. Everything we do is shaped by our core values. We are a successful, growing, international business: a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and listed in the FTSE. We have gross revenues of £3.7 billion and a workforce of circa 80,000 people worldwide.

www.interserve.com

For news follow @interservenews

Legal identifier number: 549300MVYY4EZCRFHZ09